In the nation's largest LCD manufacturer BOE announced a loss of 930 million yuan after the 2008 financial year, SVA Group's two listed companies of information and Broadcasting of Radio Electronics, also were announced on the 29th night of their results. Data show that the two companies have emerged since the founding of the most significant losses, net profit year-on-year in 2007 and 6393 percent respectively, the astonishing 3317 percent decline.
Information Radio, Film and Television in 2008 turnover of 3.4 billion, up 13 percent decline, the rate is not great. However, while net loss of about 10 billion yuan, in 2007 a profit of 15.76 million yuan, down 6393%, there decline in the history of the most astonishing speed. Explanation for the company, SVA LCD production lines operating there since the establishment of the most severe difficulties. At the same time the company since December 1, 2008 from accounts receivable, other receivables accounting for bad debts is estimated on the change had an impact on the performance of the company.
Department of Radio, Film and Television's the identical as a "loser" of Radio Electronics in 2008 revenue of 820 million yuan, up 51 per hundred down turn in 2007; 860 million contradictory snare earnings, year-on-year down turn in 2007, a gigantic 3317%. Explanation for the business, under the leverage of the economic urgent position, little and medium-size LCD computer display of poor sales, charges drop, demand for fast down turn of Radio, Film and Television's opto-electronics has directed to important decrease of the Economic Information Daily recorded companies.
As a effect of the Shanghai municipal government and municipal SASAC has in addition set up a toiling gathering of the trustee, to accomplish a program on the development of Radio, Film and Television, at present the terminal effects still need to submit the check to approve the higher stage, so the two company's allocations will carry on to carry on the suspension.
Although the CEO of Friends of Radio, Film and Television to help Chen, the LCD industry is now warmer bottom. However, in view of BOE, SVA has had such Economic Information Daily, the domestic production of liquid crystal smoothly through the winter when it is not yet known. - 22787
Information Radio, Film and Television in 2008 turnover of 3.4 billion, up 13 percent decline, the rate is not great. However, while net loss of about 10 billion yuan, in 2007 a profit of 15.76 million yuan, down 6393%, there decline in the history of the most astonishing speed. Explanation for the company, SVA LCD production lines operating there since the establishment of the most severe difficulties. At the same time the company since December 1, 2008 from accounts receivable, other receivables accounting for bad debts is estimated on the change had an impact on the performance of the company.
Department of Radio, Film and Television's the identical as a "loser" of Radio Electronics in 2008 revenue of 820 million yuan, up 51 per hundred down turn in 2007; 860 million contradictory snare earnings, year-on-year down turn in 2007, a gigantic 3317%. Explanation for the business, under the leverage of the economic urgent position, little and medium-size LCD computer display of poor sales, charges drop, demand for fast down turn of Radio, Film and Television's opto-electronics has directed to important decrease of the Economic Information Daily recorded companies.
As a effect of the Shanghai municipal government and municipal SASAC has in addition set up a toiling gathering of the trustee, to accomplish a program on the development of Radio, Film and Television, at present the terminal effects still need to submit the check to approve the higher stage, so the two company's allocations will carry on to carry on the suspension.
Although the CEO of Friends of Radio, Film and Television to help Chen, the LCD industry is now warmer bottom. However, in view of BOE, SVA has had such Economic Information Daily, the domestic production of liquid crystal smoothly through the winter when it is not yet known. - 22787
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